Walmart Inc. (WMT)
NYSE: WMT · IEX Real-Time Price · USD
59.72
-0.10 (-0.17%)
May 6, 2024, 2:20 PM EDT - Market open
Stock Price Forecast
The 28 analysts with 12-month price forecasts for Walmart stock have an average target of 63.05, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 5.58% from the current stock price of 59.72.
Analyst Consensus: Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $54.33 | $63.05 | $63.33 | $76 |
| Change | -9.03% | +5.58% | +6.04% | +27.26% |
Analyst Ratings
The average analyst rating for Walmart stock from 28 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 10 | 10 | 9 |
| Buy | 16 | 16 | 16 | 15 | 15 | 15 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 32 | 32 | 30 | 30 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $67 → $66 | Buy | Maintains | $67 → $66 | +10.52% | Apr 16, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $68 | Buy | Maintains | $68 | +13.86% | Mar 27, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $66 → $68 | Buy | Maintains | $66 → $68 | +13.86% | Mar 26, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $65 → $75 | Strong Buy | Maintains | $65 → $75 | +25.59% | Mar 13, 2024 |
| Stifel | Stifel | Hold Maintains $185 → $65 | Hold | Maintains | $185 → $65 | +8.84% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
680.15B
from 648.13B
Increased by 4.94%
from 648.13B
Revenue Next Year
707.32B
from 680.15B
Increased by 3.99%
from 680.15B
EPS This Year
2.38
from 1.91
Increased by 24.54%
from 1.91
EPS Next Year
2.61
from 2.38
Increased by 9.81%
from 2.38
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 523.96B | 559.15B | 572.75B | 611.29B | 648.13B | 680.15B | 707.32B | 734.28B | 743.19B | 773.15B |
| Revenue Growth | 1.86% | 6.72% | 2.43% | 6.73% | 6.03% | 4.94% | 3.99% | 3.81% | 1.21% | 4.03% |
| EPS | 1.73 | 1.58 | 1.62 | 1.42 | 1.91 | 2.38 | 2.61 | 2.86 | 8.87 | 8.86 |
| EPS Growth | 129.75% | -8.50% | 2.34% | -12.35% | 34.51% | 24.54% | 9.81% | 9.61% | 209.82% | -0.14% |
| No. Analysts | - | - | - | - | - | 39 | 37 | 15 | 5 | 3 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 711.7B | 745.6B | 782.6B | 791.8B | 825.0B |
| Avg | 680.2B | 707.3B | 734.3B | 743.2B | 773.2B |
| Low | 652.0B | 675.5B | 686.4B | 708.4B | 730.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.8% | 9.6% | 10.6% | 7.8% | 11.0% |
| Avg | 4.9% | 4.0% | 3.8% | 1.2% | 4.0% |
| Low | 0.6% | -0.7% | -3.0% | -3.5% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.59 | 2.85 | 3.17 | 9.79 | 9.45 |
| Avg | 2.38 | 2.61 | 2.86 | 8.87 | 8.86 |
| Low | 2.25 | 2.37 | 2.45 | 7.91 | 8.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.6% | 20.0% | 21.4% | 241.8% | 6.5% |
| Avg | 24.5% | 9.8% | 9.6% | 209.8% | -0.1% |
| Low | 18.0% | -0.2% | -6.2% | 176.2% | -5.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
